Question 1

When entering the Customer import upload spreadsheet, which two columns, if populated with *NULL will remove the existing values on loading?

Options :

A : First Review Date

B : Credit Review Cycle

C : Order line Credit Limit

D : Credit Limit

Answer: A,B

Question 2

Three salespersons are assigned to a transaction line with a revenue split of 40:50:10. If you transfer 5% to a new sales person, what is the new revenue split between the four sales persons?

Options :

A : 38.34 : 48.34 : 8.32 : 5

B : 35: 45 : 5: 5

C : 38: 47.5: 9.5: 5

D : 40: 50: 5: 5

Answer: D

Question 3

A client has implemented a revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines is associated with both a nonstandard refund policy (60 days) and an acceptance clause (100 days).

When will revenue be recognized?

Options :

A : only after manual intervention

B : after 100 days

C : immediately

D : after 60 days

Answer: B

Question 4

Your customer has a state tax of 20% and a city tax of 10% as non-inclusive tax rates that are applicable on a transaction line. Your invoice has two lines: Line1 with $600 USD and Line2 with $400 USD.

What will be the resulting tax and invoice amounts for your tax invoice?

Options :

A : state tax of $166.67 USD for the invoice, city tax of $16.67 USD, and an invoice total of $1,184.34 USD.

B : state tax of $166.67 USD for the invoice, city tax of $91.11 USD, and an invoice total of $1,257.78 USD.

C : state tax of $166.67 USD for the invoice, city tax of $91.11 USD, and an invoice total of $1,000 USD.

D : state tax of $200 USD for the invoice, city tax of $10 USD, and an invoice total of $1,210 USD.

E : state tax of $200 USD for the invoice, city tax of $100 USD, and an invoice total of $1,300 USD.

Answer: A

Question 5

Which three actions can be performed in the Collections Work Area, which will have an impact on the collection process?

Options :

A : Processing a payment promise in the Transactions Tab.

B : Creating a credit memo in the Transactions Tab.

C : Changing the collector in the Profile Tab.

D : Applying a customer payment in the Aging Tab.

E : Adding new customer contacts in the Contacts tab.

Answer: A,C

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